Palouse Capital Management Inc. Acquires New Shares in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Palouse Capital Management Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 244 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors have also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares S&P Mid-Cap 400 Value ETF during the fourth quarter valued at $36,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the third quarter worth about $37,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $37,000. Register Financial Advisors LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter worth about $45,000. Finally, Perkins Coie Trust Co lifted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 352.9% in the fourth quarter. Perkins Coie Trust Co now owns 385 shares of the company’s stock worth $48,000 after buying an additional 300 shares during the last quarter.

iShares S&P Mid-Cap 400 Value ETF Price Performance

Shares of NYSEARCA:IJJ opened at $127.85 on Friday. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $109.12 and a fifty-two week high of $136.42. The business has a 50-day moving average of $127.63 and a two-hundred day moving average of $125.33. The stock has a market capitalization of $8.27 billion, a P/E ratio of 14.35 and a beta of 1.08.

About iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.